capital gain

Page no : 2

Mitali Jain (127 Points)
Replied 22 February 2018

m sry it's not self generated it's purchased

Nishant (Assistant) (1095 Points)
Replied 22 February 2018

ok.. understood

Nishant (Assistant) (1095 Points)
Replied 22 February 2018

indexed COA = 2,50,000 X 1125/100
capital loss = 312500

Mitali Jain (127 Points)
Replied 22 February 2018

ur solution is wrong. acc. yo ur explanation if
250000×1125/100 = 2812500

Nishant (Assistant) (1095 Points)
Replied 22 February 2018

don't behave like 2nd std student..!!!
Sale consideration - 25,00,000
less - indexed COA - 28,12,500
Long term capital Loss - 3,12,500.


Mitali Jain (127 Points)
Replied 22 February 2018

thank u.....

Mitali Jain (127 Points)
Replied 22 February 2018

😐😐😐😐

Nishant (Assistant) (1095 Points)
Replied 22 February 2018

But I think it's wrong answer.
coz as per provision Indexation should be done on FMV as on 01.04.81.
1 Like

Mitali Jain (127 Points)
Replied 22 February 2018

if i will do on FMV basis my answer will be
500000×1125/100=5625000
5625000-2500000=3125000
1 Like

Nishant (Assistant) (1095 Points)
Replied 22 February 2018

Yes...it's correct answer.
thay may forget to print O in solution.


Mitali Jain (127 Points)
Replied 22 February 2018

okkk... thank u

Nishant (Assistant) (1095 Points)
Replied 22 February 2018

welcome :)

Nishant (Assistant) (1095 Points)
Replied 22 February 2018

🤗🤗🤗
1 Like

Nishant (Assistant) (1095 Points)
Replied 22 February 2018

👍👍👍



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